Last checked at 
30 Apr 2015 14:36
30 April 2015
BBGI SICAV S.A.
(the "Company")
Results of Annual General Meeting
BBGI SICAV S.A. (LSE ticker: BBGI), the global infrastructure investment company, is pleased to announce that, at the fourth Annual General Meeting of the Company held today, 30 April 2015, each of the Resolutions was duly approved by shareholders.
Details of the votes validly cast are set out below:
Ordinary Resolutions | For | Against | Withheld* |
1. Presentation of the reports of (i) the Management Board and (ii) the Independent Auditor on the Company's activities during the financial year ended 31 December 2014 | 213,805,798 | 4,424,663 | 0 |
2. Review and approval of the standalone financial statements of the Company for the financial year which ended on 31 December 2014 and allocation of the results | 217,992,899 | 237,562 | 0 |
3. Review and approval of the consolidated financial statements of the Company for the financial year which ended on 31 December 2014 | 218,230,461 | 0 | 0 |
4. Discharge and release (quitus) to the external auditor, to the current members of the Management Board and to the current members of the Supervisory Board of the Company, for all their duties during, and in connection with, the financial year having started on 1 January 2014 and having ended on 31 December 2014 | 218,230,461 | 0 | 0 |
5. Re-appointment of David Richardson as a member of the Supervisory Board | 218,230,461 | 0 | 0 |
6. Re-appointment of Colin Maltby as a member of the Supervisory Board | 218,230,461 | 0 | 0 |
7. Re-appointment of Howard Myles as a member of the Supervisory Board | 218,230,461 | 0 | 0 |
8. Re-appointment of KPMG as independent auditor of the Company | 217,641,698 | 61,770 | 526,993 |
9. Authorisation of the Management Board to determine the remuneration of the independent auditor | 218,230,461 | 0 | 0 |
10. Authorisation of the Management Board to offer shareholders the right to elect to receive further ordinary shares in respect of dividends declared for any financial period or periods of the Company ending prior to the 2016 AGM | 218,230,461 | 0 | 0 |
11. Authorisation of the Supervisory Board to amend the Company's Long-Term Incentive Plan | 210,326,200 | 154,586 | 7,749,675 |
12. Authorisation for the Company to continue in business as an investment company | 218,230,461 | 0 | 0 |
Special Resolutions | |||
13. Authorisation of the Company to make market purchases of its own shares | 218,230,461 | 0 | 0 |
14. Authorisation of the Management Board to allot up to the aggregate number of shares representing less than 10% of the shares in the Company already admitted to trading on the London Stock Exchange | 217,641,698 | 588,763 | 0 |
15. Delegation of Powers | 218,230,461 | 0 | 0 |
The full text of the resolutions may be found in the Convening Notice to Annual General Meeting dated 27 March 2015, copies of which are available on both the Company's website www.bb-gi.com ** and on the National Storage Mechanism www.morningstar.co.uk/uk/nsm **.
A copy of the Special Resolutions passed at the Annual General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm **. The Results will also be available shortly for viewing on the Company's website www.bb-gi.com **.
For further information, please contact:
BBGI Management Team +352 263 479-1
Frank Schramm
Duncan Ball
BBGI owns a global portfolio of 36 infrastructure assets. These are PPP assets and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.
Further information about BBGI is available on its website at www.bb-gi.com **.
Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).
* A Vote Withheld is not a vote in law and is not counted in the proportion of votes 'for' or 'against' a resolution.
** Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.